Madison Senior Life Insurance
Our life insurance specialists are the answer you are looking for if you need life insurance in Madison. Our life insurance professionals will help you find the best life insurance option for your specific situation. Contact us today to take the necessary steps towards improved financial security.
About Senior Life Insurance
Senior life insurance sets forth an agreement between a customer and an insurance agency. The policyholder pays a certain amount of money at regular intervals, which is known as a “premium”. In return, the company will pay a lump sum to a designated beneficiary after a specified event (usually the policyholder’s death).
What is the difference between universal & term life insurance? What are their pros & cons?
With term life insurance, the policy owner pays for a specific amount of time and the benefits are only available for a fixed period.
Conversely, whole or universal senior life insurance is guaranteed for the duration of the owner’s life. This form of life insurance offers easy access to funds and provides tax-advantaged wealth growth.
You will find benefits to both types of senior life insurance. To find out which senior life insurance solution will work for you, speak with our insurance professionals in Madison.
What are the benefits of a senior life insurance policy as opposed to investing in other ways?
Every investment program has its pros and cons depending on each client’s particular financial circumstance. Choosing an experienced financial professional is the right way to ensure you choose the right path.
Who needs senior life insurance?
Everyone needs senior life insurance! It really doesn’t matter if you are 29 or 79; you have a need for this important product.
Why should everyone purchase senior life insurance?
- Funerals can cost thousands of dollars. Why place that burden on your family?
- To pay for the expense of children that may still be living at home.
- To pay off outstanding debts, including mortgages.
There are many other reasons to buy senior life insurance. Talk to a Retirement Income Strategies senior life insurance professional today to find out more.